Round 2 of the Community Asset Transfer 2 (CAT2) programme opened on May 10th, 2016. The deadline for stage one applications is September 14, 2016.
The CAT2 programme will provide both capital and revenue funding to support the transfer of assets, such as land and buildings, from individuals, public or private sector organisations to community ownership.
We want to help communities become stronger and more sustainable by assisting them to obtain and develop assets such as land or buildings. We will do this by developing assets transferred from individuals, public or private sector organisations to enterprising organisations that actively involve and benefit the communities they serve. They must work towards improving the services and/or facilities for their community, be able to demonstrate that their proposals are sustainable in the long-term and take into account the environmental, social and economic impacts of their work. Transfers can be either freehold or leasehold, but the transfer must be made at nil cost or at significantly below market value.
The programme is being delivered via a two stage application process. Organisations will be required to complete a stage one application but will only be required to develop and submit a stage two application (a project plan and capital project delivery plan) if their stage one application is successful. Development grants are available to support the development of stage two applications.